FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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29
00:35:04
eBook
Porter Company is analyzing two potential investments.
Initial investment
Net cash flow:
Multiple Choice
O
Year 1
Year 2
Year 3
Year 4
о
O
The payback period in years (rounded to 2 decimal places) for Project X is:
3.38.
2.98.
3.71.
2.00.
Project X
$ 95,400
3.98.
32,000
32,000
32,000
0
Project Y
$ 76,000
5,600
34,000
34,000
28,000
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Transcribed Image Text:29 00:35:04 eBook Porter Company is analyzing two potential investments. Initial investment Net cash flow: Multiple Choice O Year 1 Year 2 Year 3 Year 4 о O The payback period in years (rounded to 2 decimal places) for Project X is: 3.38. 2.98. 3.71. 2.00. Project X $ 95,400 3.98. 32,000 32,000 32,000 0 Project Y $ 76,000 5,600 34,000 34,000 28,000
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